Download or read book The Coming Collapse of the Dollar and How to Profit From It Summary written by James Turk and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: getAbstract Summary: Get the key points from this book in less than 10 minutes.This frightening book offers an interesting set of strategies to profit from what the authors see as the imminent collapse of the American currency (and, presumably, economy). It must be said that authors James Turk and John Rubino do not quite succeed in making the case that the economic catastrophe they foresee will happen. For example, they indicate that the value of the U.S. dollar will collapse against other currencies, but then they indicate that these other major currencies will also collapse, leading one to wonder what is collapsing with respect to what. Essentially, they seem to be predicting global hyperinflation, with price levels rising in every country. This scary prospect seems to demand somewhat stronger evidence than provided. However, getAbstract regards the authors' arguments as well worth reading, if only because hyperinflation has occurred in the past and so it is prudent to consider the possibility that it may happen in the future. The authors do a reasonably good job of explaining the various ways an investor might hedge against a dollar collapse by owning gold, precious metals and gold stocks. Turk, who has a Web site that works with a digital gold payment system, is straightforward about having a potential conflict of interest.Book Publisher:Copyright 2004 by James Turk and John RubinoPublished by arrangement with Currency Books/Doubleday, a division of Random House, Inc.
Download or read book The Death of Money written by James Rickards and published by Penguin. This book was released on 2017-04-04 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The next financial collapse will resemble nothing in history. . . . Deciding upon the best course to follow will require comprehending a minefield of risks, while poised at a crossroads, pondering the death of the dollar. The U.S. dollar has been the global reserve currency since the end of World War II. If the dollar fails, the entire international monetary system will fail with it. But optimists have always said, in essence, that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. In the last few years, however, the risks have become too big to ignore. While Washington is gridlocked, our biggest rivals—China, Russia, and the oil-producing nations of the Middle East—are doing everything possible to end U.S. monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. James Rickards, the acclaimed author of Currency Wars, shows why money itself is now at risk and what we can all do to protect ourselves. He explains the power of converting unreliable investments into real wealth: gold, land, fine art, and other long-term stores of value.
Download or read book Crash Proof 2 0 written by Peter D. Schiff and published by John Wiley & Sons. This book was released on 2011-11-08 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fully updated follow-up to Peter Schiff's bestselling financial survival guide-Crash Proof, which described the economy as a house of cards on the verge of collapse, with over 80 pages of new material The economic and monetary disaster which seasoned prognosticator Peter Schiff predicted is no longer hypothetical-it is here today. And nobody understands what to do in this situation better than the man who saw it coming. For more than a decade, Schiff has not only observed the economy, but also helped his clients restructure their portfolios to reflect his outlook. What he sees today is a nation facing an economic storm brought on by growing federal, personal, and corporate debt; too little savings; and a declining dollar. Crash Proof 2.0 picks up right where the first edition-a bestselling book that predicted the current market mayhem-left off. This timely guide takes into account the dramatic economic shifts that are reshaping the world and provides you with the insights and information to navigate the dangerous terrain. Throughout the book, Schiff explains the factors that will affect your future financial stability and offers a specific three step plan to battle the current economic downturn. Discusses the measures you can take to protect yourself-as well as profit-during these difficult times Offers an insightful examination of the structural weaknesses underlying the economic meltdown Outlines a plan that will allow you to preserve wealth and protect the purchasing power of your savings Filled with in-depth insights and expert advice, Crash Proof 2.0 will help you survive and thrive during the coming years of economic uncertainty.
Download or read book The Coming Collapse of the Dollar and how to Profit from it written by James Turk and published by Broadway Business. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains how investors can preserve and increase their wealth by investing in gold mining stocks, gold coins, and gold-based digital currencies, examining the potential risks and profits of gold investment.
Download or read book The Collapse of the Dollar and How to Profit from It written by James Turk and published by Crown Currency. This book was released on 2008-11-19 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dollar is in trouble. Its value on foreign exchange markets has been falling for the past six years, and now its gradual decline is about to become a rout. This spells big trouble for the American economy—but potential riches for smart investors. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis. The United States today is the world’s biggest debtor nation. To finance this mountain of debt, we’re flooding the world with dollars. The resulting oversupply of dollars will cause its value to decline until it is displaced as the world’s dominant currency. Precious metals will soar in value, and gold will reclaim its monetary role at the center of the global financial system. James Turk, a leading gold authority and the founder of GoldMoney.com, and John Rubino, editor of the popular Web site DollarCollapse.com offer strategies for investing in gold coins, gold stocks, gold-based digital currencies, and other hard assets to create a profitable portfolio. The Collapse of the Dollar and How to Profit from It is a must read for every citizen and investor.
Download or read book Paper Money Collapse written by Detlev S. Schlichter and published by John Wiley & Sons. This book was released on 2011-08-31 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The case for the inevitable failure of a paper money economy and what that means for the future All paper money systems in history have ended in failure. Either they collapsed in chaos, or society returned to commodity money before that could happen. Drawing upon novel new research, Paper Money Collapse conclusively illustrates why paper money systems—those based on an elastic and constantly expanding supply of money as opposed to a system of commodity money of essentially fixed supply—are inherently unstable and why they must lead to economic disintegration. These highly controversial conclusions clash with the present consensus, which holds that elastic state money is superior to inflexible commodity money (such as a gold standard), and that expanding money is harmless or even beneficial for as long as inflation stays low. Contradicting this, Paper Money Collapse shows that: The present crisis is the unavoidable result of continuously expanding fiat money The current policy of accelerated money production to "stimulate" the economy is counterproductive and could lead to a complete collapse of the monetary system Why many in financial markets, in media, and in the policy establishment are unable (and often unwilling) to fully appreciate the underlying problems with elastic money This compelling new book looks at the breakdown of modern economic theory and the fallacy of mathematical models. It is an analysis of the current financial crisis and shows in very stark terms that the solutions presented by paper money-enthusiasts around the world are misguided and inherently flawed.
Download or read book The Collapse of the Dollar and How to Profit from It written by James Turk and published by Currency. This book was released on 2008-01-29 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dollar is in trouble. Its value on foreign exchange markets has been falling for the past six years, and now its gradual decline is about to become a rout. This spells big trouble for the American economy—but potential riches for smart investors. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis. The United States today is the world’s biggest debtor nation. To finance this mountain of debt, we’re flooding the world with dollars. The resulting oversupply of dollars will cause its value to decline until it is displaced as the world’s dominant currency. Precious metals will soar in value, and gold will reclaim its monetary role at the center of the global financial system. James Turk, a leading gold authority and the founder of GoldMoney.com, and John Rubino, editor of the popular Web site DollarCollapse.com offer strategies for investing in gold coins, gold stocks, gold-based digital currencies, and other hard assets to create a profitable portfolio. The Collapse of the Dollar and How to Profit from It is a must read for every citizen and investor.
Download or read book Paper Money Collapse written by Detlev S. Schlichter and published by John Wiley & Sons. This book was released on 2014-07-21 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explore the inevitable collapse of the fiat monetary system Paper Money Collapse: The Folly of Elastic Money, Second Edition challenges the mainstream consensus on money and monetary policy. While it is today generally believed that the transition from 'hard' and inflexible commodity money (such as a gold standard) to entirely flexible and potentially unlimited fiat money under national central banks allows for superior economic stability, Paper Money Collapse shows that the opposite is true. Systems of highly elastic and constantly expanding money are not only unnecessary, even for growing economies, they are always extremely destabilizing. Over time, they must lead to substantial imbalances, including excessive levels of debt and distorted asset prices, that will require ever faster money production to sustain. Ultimately, however, there is no alternative to a complete liquidation of these distortions. Based on insights of many renowned economists and in particular of the Austrian School of Economics, the book explains through rigorous logic and in precise language why our system of flexible fiat money is incompatible with a market economy and therefore unsustainable. Paper money systems have always led to economic disintegration—without exception—throughout history. It will not be different for our system and we may be closer to the endgame than many think. The updated second edition incorporates: A new introduction and an extended outlook section that discusses various "endgames" Responses to criticisms, alternative views, and a critical assessment of 'solutions' Comments on recent policy trends, including attempts to exit the 'easy money' policy mode An evaluation of new crypto-currency Bitcoin Paper Money Collapse: The Folly of Elastic Money, Second Edition clarifies the problem of paper money clearly and eloquently, and proposes multiple routes to a solution.
Download or read book The Day After the Dollar Crashes written by Damon Vickers and published by John Wiley & Sons. This book was released on 2011-01-19 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to profit from the events leading up to the likely collapse of the U.S. dollar Society is at a crossroads. Here at home and around the world, we are living in a manner that is absolutely, unconditionally, irrevocably unsustainable. The Day After the Dollar Crashes: A Survival Guide for the Rise of the New World Order outlines the kinds of events that could trigger a global economic collapse, describing in detail the events that are likely to occur just prior to, during, and immediately following such a total collapse. It also explains how investors can profit and support a sustainable future by anticipating social trends. Describes what government can do now to soften the dollar's fall later Details how to lead the charge to introduce innovations and solutions to meet the inevitable challenges of new kinds of economic forces Reveals how to profit by changing expectations and taking action to align investments with reality The Day After the Dollar Crashes tears away the illusions generated by politicians, media, and the financial industry to show how investors can position themselves to survive and thrive in a New World Order.
Download or read book The Great Super Cycle written by David Skarica and published by John Wiley & Sons. This book was released on 2010-10-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has a problem – a big problem. Due to costs associated with the massive bailout of financial institutions deemed "too big to fail," on-going armed conflicts, and a move towards socialism, another even bigger bubble is about to burst – the debt bubble. The Great Super Cycle: Profit from the Coming Inflation Tidal Wave and Dollar Devaluation is an intriguing look at the relationship between Washington and Wall Street; the history of political shifts in power and how those shifts influenced the global economy; and, the ways investors can profit as economies move away from U.S. dollar and debt. The book: Discusses how a socialist America will result in the U.S. economy becoming far less competitive, while causing funds to move offshore Details how investors can profit by investing in gold, oil, and Asian markets Explains major cyclical movements from the mega cycle of world power to stock market cycles which last 10-20 years. As the United States begins to deal with its massive debt bubble, The Great Super Cycle just might prove the most powerful tool an investor has for making money in the turbulent years to come.
Download or read book The Coming Economic Collapse written by Stephen Leeb and published by Business Plus. This book was released on 2006-04-01 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this incredibly timely book,renowned economist Stephen Leeb shows how surging oilprices will contribute to a huge economic collapse bysoaring to over $100, and perhaps $200, a barrel- andtells how you can avoid the pitfalls of the upcomingcrisis.
Download or read book Preparing for the Coming Collapse of the U s Dollar written by MR David Steven Roberts and published by Createspace Independent Pub. This book was released on 2012-06-01 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Second Edition Includes The Last Domino and Preparing Blog Posts with updated commentary on previous articles and writings! YOU DO NOT NEED A KINDLE TO PURCHASE THIS BOOK, WILL DOWNLOAD TO PC, iPhone, or iPad as well. WARNING: Do not buy this book unless you "get it." I will not try to convince you that it's going to happen, I don't have time. This book is less about why the Dollar will collapse than about what everyday people, like you and I, can do to prepare themselves for the collapse.If you are like me, you don't have extra money to be investing in gold coins or precious metals. You know that utilities will according to the President, "necessarily skyrocket." How will you handle an electric bill that is four times what it is now? I've read other books on Quantitative Easing, the Collapse of the Dollar and other Economic Meltdowns coming our way. I'm left with the burning question at the end of them all. "What can I do about it?" We've been trained to believe that all we can do is vote fiscally responsible every 2, 4 or 6 years. But voting isn't going to put food on the table. Half the time, the ones we vote for end up turning into the ones we voted against. You've seen gas prices in just the last month increase by more than 40 cents a gallon and there is no end in sight to the increase. How will you continue to pay for that? You don't have the funds to build a windmill or stock up on a year's worth of food in preparation for a food shortage. This book will show you how to do it for far less. How will you get food? How will you preserve it for use with or without electricity? How will you get limited electricity? How will you provide for your family when the dollar is worthless? This book answers those questions and more so that even those who are financially strapped can take the small steps necessary to begin.
Download or read book The Dollar Trap written by Eswar S. Prasad and published by Princeton University Press. This book was released on 2015-08-25 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the dollar is—and will remain—the dominant global currency The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008–2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar’s looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar’s importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash. Prasad takes the reader through key contemporary issues in international finance—including the growing economic influence of emerging markets, the currency wars, the complexities of the China-U.S. relationship, and the role of institutions like the International Monetary Fund—and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance. The Dollar Trap offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency.
Download or read book The Little Book of the Shrinking Dollar written by Addison Wiggin and published by John Wiley & Sons. This book was released on 2012-04-11 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the weakening dollar a hot topic for retirees, savers, and investors, this Little Book delves into the economic turmoil in the U.S. and shows how to survive it The United States dollar is losing value at an alarming rate. According to the Organisation for Economic Co-operation and Development (OECD) index, the U.S. currency is 37 percent below fair value against the Australian dollar and 20 percent versus the Canadian dollar. The decline of the U.S. dollar is one of the biggest threats facing American investors today, but with the Little Book of the Shrinking Dollar: What You Can do to Protect Your Money Now in hand, you have the knowledge and the expertise you need to fight back. Written by New York Times bestselling author Addison Wiggin, a leading economic forecaster, the book explores the reasons for the dollar's decline, and its precarious relationship to other currencies around the world. Filled with invaluable strategies for retirees, savers, and investors who want to keep their money safe no matter what lies ahead, the book is your one-stop guide to weathering the storm. Covers strategies for safeguarding your wealth, including safer havens for money, alternative investments, and other opportunities Written by Addison Wiggin, a three-time New York Times bestselling author and leading economic forecaster Wiggin's predictions about the decline of the dollar have proven true time and again, making him the right man for the job when it comes to predicting what lies ahead The U.S. dollar is no longer the secure and stable currency that most Americans grew up believing in. Even after recent gains, the dollar remains weak. But with the Little Book of the Shrinking Dollar you have a concise guide to what's driving its demise and everything you need to protect your money today and in the years to come.
Download or read book Crashing the Dollar written by Craig R. Smith and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this eye-opening book, Craig and Lowell show what a crash of the dollar and other currencies would be like. They tell how America can avoid this economic disaster. They explain how you and your family, by preparing now, can survive, thrive, and even prosper during a collapse of the dollar"--Foreword.
Download or read book Aftermath written by James Rickards and published by Penguin. This book was released on 2019-07-23 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Wall Street Journal bestseller Financial expert, investment advisor and New York Times bestselling author James Rickards shows why and how global financial markets are being artificially inflated--and what smart investors can do to protect their assets What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely--especially since asset prices have been artificially inflated by investor optimism around the Trump administration, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do? James Rickards, the author of the prescient books Currency Wars, The Death of Money, and The Road to Ruin, lays out the true risks to our financial system, and offers invaluable advice on how best to weather the storm. You'll learn, for instance: * How behavioral economists prop up the market: Funds that administer 401(k)s use all kinds of tricks to make you invest more, inflating asset prices to unsustainable levels. * Why digital currencies like Bitcoin and Ethereum are best avoided. * Why passive investing has been overhyped: The average investor has been scolded into passively managed index funds. But active investors will soon have a big advantage. * What the financial landscape will look like after the next crisis: it will not be an apocalypse, but it will be radically different. Those who forsee this landscape can prepare now to preserve wealth. Provocative, stirring, and full of counterintuitive advice, Aftermath is the book every smart investor will want to get their hands on--as soon as possible.
Download or read book The Dollar Crisis written by Richard Duncan and published by John Wiley & Sons. This book was released on 2011-10-31 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump. The Dollar Crisis is divided into five parts: Part One describes how the US trade deficits, which now exceed US$1 million a minute, have destabilized the global economy by creating a worldwide credit bubble. Part Two explains why these giant deficits cannot persist and why a US recession and a collapse in the value of the Dollar are unavoidable. Part Three analyzes the extraordinarily harmful impact that the US recession and the collapse of the Dollar will have on the rest of the world. Part Four offers original recommendations that, if implemented, would help mitigate the damage of the coming worldwide downturn and put in place the foundations for balanced and sustainable economic growth in the decades ahead. Part Five, which has been newly added to the second edition, describes the extraordinary evolution of this crisis since the first edition was completed in September 2002. It also considers how the Dollar Crisis is likely to unfold over the years immediately ahead, the likely policy response to the crisis, and why that response cannot succeed. The Dollar Standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the 21st Century.
